Bybit

Bybit is impressive in many ways, particularly for its gamified approach to crypto trading, numerous bonuses, and its chat room. They run a World Series of Trading contest, which boasts a massive prize pool totalling 200 BTC. Despite all of this, it offers very little in the way of crypto pairs, and it seems like there is a lot of manual work which compromises the overall user experience.

Bybit

3.9/5
  • Runs its own World Series of Trading competition
  • Has a Rewards Hub offering bonuses and fee reductions
  • 20 fiat currencies available to buy Bitcoin or Ethereum with

Pros and Cons

THE BENEFITS

PROs

  • Multiple new user bonuses are available
  • Adjustable leverage, edited even while a trade is open
  • WSOT trading contest offering traders 200BTC prize pool
THE DOWNSIDE

CONs

  • They do not accept US citizens
  • Limited choice in cryptocurrency pairs
  • Manual processing of bonuses can take days

Getting started

Step 1

Click Register and select either email or mobile registration 

You’ll need only to provide either an email address or mobile number and then select a password to proceed — you’ll need to verify whichever method you choose to complete your registration

Step 2

Tick the box on the pop-up, agreeing to the Risk Confirmation

Step 3

Next, you’re prompted to redeem a bonus from the Rewards Hub

  • Claim a $5 Twitter bonus (follow and retweet pinned tweet)
  • Claim a $50 coupon on a first deposit ≥0.5 BTC
  • Claim a $20 coupon on a total deposit ≥1 BTC

*These are processed manually and can take several days to reach your account

Step 4

Once you’re signed in, go to My Assets by clicking on your email address or mobile number, and then click on Buy Crypto to deposit BTC, EOS, ETH, XRP or USDT

You can also head to the Buy Crypto tab to buy Bitcoin or Ethereum using  AUD, CAD, CZK, DKK, EUR, GBP, HKD, IDR, INR, MYR, NOK, PHP, PLN, RUB, SEK, SGD, THB, TRY, USD or VND

What can I trade?

  • BTCUSD
  • ETHUSD
  • XRPUSD
  • EOSUSD

 

Fees

  • 0.075% taker fee per order
  • 0.0005 BTC withdrawal fee

3 Responses

  1. The best way to manage investment risks is to financially protect yourself when things go south or seek
    help from experts.

  2. Very good platforms i needed to withdraw my money after a week and in the company i was before it
    took months in here it took 4 days, will definitely be back once i have more money

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